What is Huobi? 💧
Founded by Leon Li — Huobi is a cryptocurrency exchange founded in 2013 and is one of the biggest cryptocurrency exchanges today due to its having listed more than 500 coins and tokens.
What is TRC20? 🤔
TRC20 is the token standard of the Tron blockchain. This token standard allows users to transfer tokens such as USDT, USDC, WBTC, WETH, etc, through the Tron network.
Does Huobi support TRC20 token deposits? 💸
Yes, Huobi supports depositing TRC20 tokens such as Tether(USDT) and USDC.
Does Huobi support TRC20 token withdrawals? 🤑
Yes, Huobi supports withdrawals of TRC20 tokens such as Tether(USDT) and USDC.
is Huobi safe and secure? 🔒🤔
The Huobi team seems to be doing a pretty good job in keeping the platform secure. But regardless, while Huobi is a great platform to trade, we always recommend using a hardware wallet for holding coins and tokens for the long term.
Final Thoughts 🗒
Trading or investing in tokens using centralized or decentralized exchanges is great and all that, but always make sure your funds are secure. We always recommend using a nice hardware wallet like a Ledger to achieve this.
